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The Latest Breaking News from Temu

Online retailer Temu faces European Union investigation illegal goods

Regulators are examining Temu’s ‘addictive design’ including game-like reward programs

The Independent UK

EU Probes Shopping App Temu Over Illegal Products

The EU launched a formal investigation Thursday into Chinese-founded e-commerce platform Temu on suspicion the site is doing too little to stop the sale of illegal products, in a probe that could lead to large fines.

International Business Times

EU launches action against shopping website Temu over illegal products

Formal investigation opens amid concerns Chinese shopping website is breaching Digital Services Act

The Guardian - UK

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Analyst adjusts Meta stock price target with earnings on tap

This is what could happen next to shares of Meta Platforms.

The Street

‘Amazon tax’ to save Britain’s high streets under consideration by Reeves

The British Retail Consortium, the industry’s trade body, welcomed the idea of reform but warned against the idea of simply punishing online players

The Independent UK

Man Who Makes $200K A Year Proposes With $38 Ring From Temu; Fiancé Hesitates To Get Married

A woman's excitement over her engagement turned to confusion and frustration after discovering that her fiancé, who earns $200K annually, proposed with a $38 ring from Temu, sparking debates about financial commitment and relationship dynamics.

International Business Times UK

Why we're skipping priority shipping

FedEx, UPS report a decline in demand for priority shipping

Salon

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The Temu pig T-shirt: the truth behind a tremendously disturbing top

It is nightmarish, haunted and cursed – but makes perfect sense when you consider its retailer’s business model. After all, no one can argue it isn’t eye-catching ...

The Guardian - UK

Morning Mail: Labor to axe debit card fees, survey exposes unsafe toys, Trump unleashes on biopic

Government will also instruct the ACCC to investigate excessive card costs; Choice finds all 15 items from website Temu were dangerous

The Guardian - AU

Battery-operated items from Temu tested by Choice fail Australian safety standards

Consumer advocate says results a ‘worrying reminder’ products can put children at risk, with most items having insecure battery components that are not child-safe

The Guardian - AU

'Unacceptable': More than a dozen Temu products fail child safety standards

Children's watches, clothing and games were among the products.

The Canberra Times

Best China Stocks: Tesla Rivals BYD, XPeng Lead 5 Stocks Near Buy Points Amid Stimulus, Trump Tariff Fears

China stocks are struggling on tepid stimulus and fears of new Trump tariffs. Tesla rivals XPeng and BYD are among the best to buy or watch.

Investors Business Daily

EU Questions Shopping App Temu Over Illegal Products Risk

The EU on Friday told Chinese-founded e-commerce platform Temu to hand over more information as it suspects the site is failing to do enough to stop the sale of illegal products.

International Business Times

The Buick Envista is America's wake-up call for Chinese cars

TheStreet's automotive writer James Ochoa recently drove the Buick Envista, a car originally made for the Chinese market.

The Street

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France 24

Ethical shopping in the age of ultra-fast fashion: Time to slow down?

This week we look at ethical fashion in the age of "direct-to-consumer" giants like China's Shein and Temu. Thanks to their business model based on ultra-fast design and production, consumers can purchase a new look at incredibly low prices. But at what cost for the environment and worker wellbeing? Charles…

TechRadar

Temu denies data breach — but hacker claims to have leaked 87 million strong database

Claims of a breach are "categorically false", Temu says, despite hacker posting a database on BreachForums.

Roll Call

White House says Congress has to act on 'de minimis' tariffs - Roll Call

The White House, having moved to narrow the use of a tariff exemption on small orders, says Congress still has to legislate on the matter.

International Business Times

US Crackdown On Tax-Free Imports Hits Temu, Shein Hard

Shein and Temu downplayed the impact of the crackdown on their business, stating that their growth doesn't depend on the tax-free policy.

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The Street

New Biden proposal targets Shein and Temu for 'abuse'

Shein and Temu found a loophole in the U.S. law and the Biden administration is not having it.

International Business Times

China Rejects US Tariff Hike And Pledges To Safeguard Businesses

China urged the US to immediately correct and lift all tariffs imposed on Chinese goods.

Investors Business Daily

Biden Targets Temu With Import Rule. Impact Could Go Beyond PDD Stock.

PDD stock fell after the Biden administration announced rules targeting the "abuse" of the de minimis exemption.

Investors Business Daily

IBD Stock Of The Day Sea Ltd. Has Rallied 90% As It Squares Off With Temu, TikTok

Sea stock is the IBD Stock Of The Day. Analysts are increasingly confident the Shopee parent can defend its e-commerce share.

Evening Standard

Croissant-shaped lamp on Temu discovered to be actual pastry

Just when you thought you’ve seen it all on TikTok...

Livingetc

Someone Bought a Temu “Croissant Lamp” That Ended Up Being an Actual Croissant

One of the wildest online shopping stories we’ve heard — plus, 9 food-shaped table lights that are definitely not edible

International Business Times

US Regulators Warn About Deadly Baby Products On Shein, Temu

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